UPDATE: No deal yet reached in Time Warner/Viacom spat
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UPDATE: No deal yet reached in Time Warner/Viacom spat

Today Time Warner received thousands of calls from their subscribers asking them not to blackout Viacom’s stations.

As of tonight, no deal has been reached between the two companies.

So, at 12:01 tonight (or in the morning?) 15 million Time Warner customers will no longer receive these channels.

Time Warner Chief Executive Glenn Britt on Wednesday called Viacom’s demand for a 12 percent increase in fees — an extra $39 million on top of the estimated $300 million it pays Viacom annually — extortion and outrageous given the recession. Viacom countered that the requested increase amounted to an extra $2.76 annually per subscriber.-AP

Jeremy
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